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please answer assuming the streamline method is used for the last unfilled box to get answer James Company is planning to innue $500,000 of 8%,

image text in transcribedplease answer assuming the streamline method is used for the last unfilled box to get answer
James Company is planning to innue $500,000 of 8%, five-year bonds payable to borrow for a major expansion. The owner, Franky James, as your advice on som Read the requirements Requirement 1. Answer the following questions At what type of bond price wil James Company have total interest experto equal to the cash a. Interest payments? Face value e. bonds? Under which type of bond price will James Company's total interest expense be greater than the b. cash interest payments? Discount price of the market interest rate la 10%, what type of bond price can James Company expect for the Discount Price Requirement 2. Compute the price of the bonds if the bonds are issued at 80. The price of the $500,000 bond issued at B9 is $ 445,000 Requirement 3. How much will James Company pay in interest each year? How much will James Company's interest expense be for the first year? (For this that the straight-line method is used.) If the $500,000 bonds are issued at 89, James Company will pay this amount of interest each year $ 40,000 (Round your answers to the nearest whole dollar.) Assuming that the straight-line method is used, James Company's interest expense for the first year will be

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